Data as of .
KNCT vs NXTG: which is really different?
KNCT and NXTG hold 26% of their weight in the same names, and KNCT returned more over the year.
ETFIQ Off-Index Score: NXTG scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
26% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, KNCT and NXTG hold 26% of their money in the same securities at the same weight.
| Holding | KNCT | NXTG |
|---|---|---|
| Arista Networks Inc | 2.33% | 1.69% |
| Apple Inc | 9.00% | 1.48% |
| Micron Technology Inc | 8.07% | 1.46% |
| Intel Corp | 4.13% | 1.30% |
| Marvell Technology Inc | 2.20% | 1.24% |
| Broadcom Inc | 7.34% | 1.23% |
| Samsung Electronics Co Ltd | 6.90% | 1.22% |
| QUALCOMM Inc | 1.76% | 1.19% |
| Cisco Systems Inc | 4.00% | 1.18% |
| International Business Machines Corp | 1.34% | 1.08% |
| Equinix Inc | 1.04% | 1.26% |
| American Tower Corp | 0.83% | 1.16% |
| Only in KNCT | Only in NXTG |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd 8.68% | Lenovo Group Limited 2.10% |
| SK hynix Inc 4.35% | Advantech Co., Ltd. 1.90% |
| Palo Alto Networks Inc 3.04% | Hewlett Packard Enterprise Company 1.72% |
| Crowdstrike Holdings Inc 2.49% | Super Micro Computer, Inc. 1.71% |
| Amphenol Corp 1.40% | Skyworks Solutions, Inc. 1.62% |
| Fortinet Inc 1.09% | Wiwynn Corporation 1.61% |
| Cloudflare Inc 1.06% | Advanced Micro Devices, Inc. 1.59% |
| SoftBank Group Corp 1.02% | Qorvo, Inc. 1.58% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| KNCT | NXTG | KNCT | NXTG | KNCT | NXTG | |
| 3 months | −6.3% | −1.8% | −8.5 pts | −4.0 pts | −3.8 pts | +0.7 pts |
| 6 months | +43.0% | +40.2% | +25.0 pts | +22.2 pts | +18.8 pts | +16.0 pts |
| 1 year | +60.7% | +49.8% | +44.1 pts | +33.2 pts | +38.9 pts | +28.0 pts |
| 3 years | +164.8% | +133.6% | +86.4 pts | +55.2 pts | +66.7 pts | +35.4 pts |
| Since launch | +1110.4% | +534.3% | +306.9 pts | −112.2 pts | −579.8 pts | −770.4 pts |
| KNCT Invesco Next Gen Connectivity ETF Holds 116 stocks in digital infrastructure and data centers, 64% of its weight in S&P 500 companies | NXTG First Trust Indxx NextG ETF Holds 110 stocks in digital infrastructure and data centers, 35% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | First Trust |
| Theme | Digital infrastructure and data centers | Digital infrastructure and data centers |
| In the S&P 500 | 64.1% | 35.2% |
| Active share vs the S&P 500 | 81.7% | 87.9% |
| In the Nasdaq-100 | 48.5% | 15.9% |
| Holdings | 116 | 110 |
| Top ten, share of the fund | 58.0% | 17.2% |
| Expense ratio | 0.40% | 0.70% |
| Fee for the differing part | 0.49% | 0.80% |
| Total return, 1 year | +60.7% | +49.8% |
| vs the S&P 500 | +44.1 pts | +33.2 pts |
| vs the Nasdaq-100 | +38.9 pts | +28.0 pts |
| Below its high | −8.2% | −7.3% |
| Net assets | $160m | $566m |
KNCT in plain words
By weight, 64% of KNCT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 58% of the fund across 116 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +60.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 44.1 pts. It sits 8.2% below its all-time high of Jun 2, 2026.
NXTG in plain words
By weight, 35% of NXTG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 17% of the fund across 110 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +49.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.2 pts. It sits 7.3% below its all-time high of Jun 2, 2026.
Questions people ask
- Do KNCT and NXTG hold the same stocks?
- By their latest filings, 26% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, KNCT or NXTG?
- KNCT has 64% of its weight in S&P 500 names and NXTG has 35%, so NXTG differs more from the index.
- Which is cheaper, KNCT or NXTG?
- KNCT charges 0.40% a year and NXTG charges 0.70%, so KNCT is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, KNCT against NXTG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/knct-vs-nxtg Free to use with attribution; the underlying files are at Open data.